EUR/USD weakens around 1.0730 in early Tuesday trading in Europe. The modest recovery of the Greenback pulls the major pair lower. Initial support is seen at 1.0685; key resistance lies in the 1.0790–1.0800 region. A break below the latter will see a drop to 1.0610, the low of April 19.
This morning, gold prices fluctuated around $1,800 per ounce at the beginning of the trading session. The 50-day moving average (MA50) is currently above the 200-day moving average (MA200), creating a buy signal. The Moving Average Convergence Divergence (MACD) line has crossed above the signal line, a strong buy signal, supporting the continuation of the...
Good Morning Traders, Not financial advise, at ones own risk:reward GME failure to hold levels gained and losing level sends this back to the origin. NYSE:GME to 17 Too many believers without continuation turns the believers stop loss to close orders as fuel for down. Will be back with an update around target price with an update and possibly a long. Have...
Dear traders! Gold prices increased to new bids, despite the risk-on market sentiment. The US dollar tried to recover even as US Treasury yields fell again. The path of least resistance emerges for Gold prices amid Bear Cross and bearish RSI. From the 1D chart, Titan personally appreciates the dip-buying strategy for gold to continue as long as the 2300 support...
BTCUSD trading ideas: If you are a swing investor, pay attention to the 65,000 area as long as the price holds, buyers will push the price up significantly, while on a breakout we will see the downtrend continue. Personally, I am optimistic that after adjusting to the designated area, the price will recover to resistance. A breakout and consolidation above...
Bitcoin is almost ready for the final capitulation event at 62k. Is this a lifetime opportunity to buy BTC and catch the bottom? Definitely yes, you can do it pretty precisely at 62402 with your limit order. Why is this level so important? The most important is the 0.618 Fibonacci level that we can measure in the previous impulse wave. Second, we have an unfilled...
SPY weekly is here. If you have any doubts make sure to DM me here. All the crucial levels have been discussed in this analysis. NOTE: MARKET IS BULLISH & RETRACEMENT CAN COME
Dear Traders, Eurcad, long term view remain bearish price rejected at the daily order block also where the premium price zone was located. We can see strong bearish move coming once price reach and reject at our area of entry. Please use accurate risk management. Team Setupsfx_
Dear traders! After struggling to gain traction in the first half of Monday, EUR/USD turned north during the US session and closed in positive territory. The pair was relatively quiet early Tuesday and hovered within a tight channel above 1.0700. However, traders should note that during US trading hours, several Federal Reserve policymakers will be giving...
NZD/USD is falling towards a support level which is a pullback support and could bounce from this level to our take profit. We expect a decline in the channel after testing the current level which suggests that the price will continue to rise Hello Traders, here is the full analysis. I think we can soon see more fall from this range! GOOD LUCK! Great BUY...
Dear Traders, Hope you are doing great, price of USDJPY remain tricky. Previously, we had anticipated that price will drop heavily, however, due to weak Japanese yen price remain bullish as it was before. We still currently in a correction zone, where we can expect price to drop slightly lower to our area of entry and then we can see a strong buyers liquidity...
Good Morning Traders, Trust you are great. Still based on my fundamental analysis of yesterday. I expect a rally on AUDUSD. You can read it here: Cheers!
Hello, trader. BTC has just broken through the two important resistance levels of 66100 and 67000. At present, the long and short forces have reversed. The price has encountered great resistance near 67300. It is currently in a decline phase, but it is likely to continue to rise after the decline. You can pay attention to the resistance range of 66100-66400 ...
EURUSD has been in a long-term downtrend since the financial crisis of 2008. On the chart, we can see that EURUSD started its downtrend at the top of the major rising wedge chart pattern. The rising wedge pattern broke bearish in 2015, and the price retested it in 2018. Since then, the price has been going down and has broken another trendline (2000 - 2022), which...
Hey traders hope you all are enjoying our ideas and analysis. Now we are here to discuss about USDCAD. USDCAD is exactly on the way as predicted already completed retesting. Here it has Maximum chances we can see gain upto 100Pips+. Keep in touch we we will update further soon.
Today, the gold price fell directly from the opening price of Friday's closing price of 2332. The current lowest price has reached 2314. The key support below is near 2314, which is the current watershed of gold price. The overall market is still in the 2310-40 oscillation range. If it falls back by 13-14 for the first time during the day, you can consider taking...
#Bitcoin Retested our Both Supports. 64800 and 64500(Bottam of Yellow Area. as Predict in My Last Analysis. now price is on Final Point. From Here Bitcoin have to Reverse otherwise we Enter in more downtrend if bitcoin break the Yelllow area . Reaction on this Bottam is Very Good. A Lot of Buy Volume Entered. and just in Last Candle we are more Near to...
Hello, trader. We are entering a fear factor. All this with a daily M formation about to be completed. I see a crash coming for July or August. My general thought is That with the state of the world and US Elections, I am not being political here, Just facts that political events help move markets. I base this on my own political study of the behavior of...